Venture Global (VG) Research & Development (2024 - 2026)
Venture Global (VG) posted Research & Development of $23 million for Q2 2026, down 59.6% from $57 million a year earlier and down 50.0% from the prior quarter.
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Analysis
Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Venture Global was $174 million, down 66.5% year-over-year; for FY2025, it was $344 million, down 45.8% from FY2024.
- In prior years, Venture Global's Research & Development was $635 million in FY2024 (+29.6%) and $490 million in FY2023.
- The Q2 2026 figure stands as the lowest quarterly Research & Development in data going back to Q1 2024.
- On a year-over-year basis, Research & Development has declined in each of the last five quarters, with an average decline of 54.2% over the last six quarters.
- According to Business Quant data, Research & Development for the three prior quarters was $46 million (Q1 2026), $52 million (Q4 2025) and $53 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | - |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | - |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | - |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | - |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | - |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 23.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.00 Mn |
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 52.00 Mn |
| Sep 30, 2025 | 53.00 Mn |
| Jun 30, 2025 | 57.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 156.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 181.00 Mn |
API Access
Venture Global Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=VG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "VG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=VG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();